An interagency task force will look into non-infrastructure spending items that can be cut or shelved in response to revenue losses from a planned deferment of next year’s fuel excise tax hike, economic managers said on Tuesday.
Following a meeting of the Development Budget Coordination Committee (DBCC), Budget Secretary Benjamin Diokno said a “seniority” rule would be followed, which means that the government’s priority infrastructure projects are exempted.
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